News Corporation Updates US$1 Billion Stock Buy-Back Program

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News Corporation Updates US$1 Billion Stock Buy-Back Program

News Corporation Shs B Chess Depository Interests repr 1 Sh ( (AU:NWS) ) has issued an announcement.

News Corporation has announced an update to its buy-back program, initially notified on September 22, 2021, with the latest update dated March 31, 2025. The company plans to repurchase up to an aggregate of US$1 billion of its Nasdaq-listed Class A and Class B common stock, subject to market conditions and other factors. This buy-back program does not include ASX-listed CDIs. The move is part of a broader strategy to manage its capital structure and potentially enhance shareholder value.

More about News Corporation Shs B Chess Depository Interests repr 1 Sh

News Corporation is a global media and information services company, primarily engaged in the creation and distribution of authoritative and engaging content to consumers and businesses throughout the world. The company operates in various segments including news and information services, book publishing, digital real estate services, and subscription video services.

YTD Price Performance: -2.01%

Average Trading Volume: 179,129

Technical Sentiment Signal: Sell

Current Market Cap: A$24.86B

Learn more about NWS stock on TipRanks’ Stock Analysis page.

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